---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-060312"
form_type: "8-K"
ticker: "NOTE"
cik: "0001823466"
company_name: "FiscalNote Holdings, Inc."
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T09:05:05.943633+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FiscalNote exchanges $5.77M of old notes for new convertible notes; issues 2.9M shares

## Summary
- Issued $5.5M initial and $269K subsequent convertible notes to EGT 11 LLC in exchange for old notes.
- Issued 2,475,000 fee shares (initial) and 121,050 fee shares (subsequent) to Exchange Investor as inducement.
- Issued 300,000 shares to Northland Securities, Inc. as brokerage compensation for the exchange.
- Notes convertible into common stock based on 30-day VWAP; registration rights require filing by April 20, 2025.

## SEC filing metadata
- accession: 0001193125-25-060312
- form_type: 8-K
- ticker: NOTE
- cik: 0001823466
- company_name: FiscalNote Holdings, Inc.
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823466/000119312525060312/0001193125-25-060312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823466/000119312525060312/d908602d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-060312
- JSON: https://secwatch.observer/filing/0001193125-25-060312.json
- Plain text: https://secwatch.observer/filing/0001193125-25-060312.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.